Bank Of Cape Cod
Hyannis, MA — Domestic Branch of a Domestic Bank
Acquired Nov 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bank Of Cape Cod | All Insured Commercial Banks in Massachusetts |
Interest and Fees on Loans | 7,290 | 28,803 |
Income from Lease Financing Receivables | 125 | 7 |
— | 372 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 199 |
Income on Loans and Leases (TE) | 7,415 | 29,246 |
Investment Interest Income (TE) | 55 | 3,476 |
Total Interest Income (TE) | 7,521 | 33,181 |
Total Interest Expense | 1,336 | 3,550 |
Net Interest Income (TE) | 6,185 | 28,993 |
Non-Interest Income | 585 | 7,195 |
Adjusted Operating Income (TE) | 6,770 | 36,142 |
Non-interest Expense | 5,838 | 23,231 |
Provision for Loan & Lease Losses | — | 765 |
Pretax Operating Income (TE) | 932 | 11,594 |
Pretax Net Operating Income (TE) | 941 | 11,721 |
Applicable Income Taxes | 329 | 3,372 |
Net Operating Income | 612 | 7,590 |
Net Income | 612 | 7,540 |
Cash Dividends Declared | — | 2,406 |
Retained Earnings | 612 | 4,807 |